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Is Tesla A Good Robot Play?

There's going to be pushback if Musk decides to turn his auto production lines into robot making production lines. That's a new fear. It is also noted that used Teslas are dropping in value quickly. Tesla was down in price $5.62 last week. How is Musk going to make this new venture work? Might his first generation of robots like his cybertrucks quickly become obsolete? If you think about it, maybe existing shareholders are already lightening up on their stock positions knowing that a bumpy ride could soon be on the horizon. Now a new topic. How much do the "three-month-out-Calls-and-Puts" on Tesla cost? That's a fair question and here is the answer. Now we also need to look at how it has traded in the last three months. The stock is down about $60.00 over that period of time. Anything is possible with these three month out option series. Now this, Tesla drops on the Monday February 23th opening. The markets are having a bad day. Look now at what the May 26t...

One Of The First Of Many Quarterly Earning Reports

Is this one of sethe first of more of the same kind of reports to come?
Sales down 4.1% is not really all that bad a number but is it a precursor of more of the same to come? A ten dollar hit on the stock shows you the anxiety in the air with the possibilties of any sort of a rebound on the day next to nil. Carvanna is reporting more insider selling. It's sitting at lofty prices. They have a reputation for stock price manipulation and to have more news of insider selling coming out at this particular time of uncertainity is not a good thing. Here is how these two stocks opened on the day. First Carmax, it's down $12.00
Now Carvanna. It's down $13.00.
Here is how two other major players in the same space also got hit.
Bad news travels quickly.
Welcome to the world of third quarter earning reports. In some ways these results were inevitable. *** Here is how these stocks mentioned closed the day.
Here is how Carmax ended up closing. Trying to play it for tomorrow would be imposible.
One final note on Carvanna which tends to trade in a strange way. Here are it's one day and five day charts.
Trying to play them would be next to impossible. It put on a brave face. If a second wave of panic selling comes into the markets tomorrow these Puts which only have one days life in them might pay off but once again, the risk level in these Puts is way up there.
(Here is how Carvanna ended up closing on Friday). It was down only a touch.
** I can't really spend the time to recap how all of these options ended up closing the week. I do however want to mention Carmax, the company I first started watching. Look at how it's five day chart ended up looking like.
What do you think? Here is a look Carmax's next series of Call options. Carmax staggers their Call and Put options in one month intervals. Maybe it's report is not all bad afterall.
These options offer one month of trading time! What do you think about them? Option players watching these "American used car market stocks" a real niche players.

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